NUNEATON Town owner Ian Neale has today announced he is to step down from the club.
Neale revealed he is in talks with more than one group looking to buy the Skrill Premier club.
No timescale has been revealed for his departure, however, it is thought a group of local businessmen are among those to have expressed an interest.
Neale said: "I have personally managed the club hands on since 2008.
"At the time I did not say how long I would be here, and that if I felt I could not take the club any further it would time for me to pass on the baton."
Neale has made no secret of the fact he has been looking for a cash injection.
He says competing with clubs that have significantly bigger budgets - five times in some cases - has made it to much of a task.
However, he believes promotion to League Two is ultimately possible.